“Geiz-ist-geil” strategy: a three-company study

Bridges, Kieran and Melewar, T. C. and Otubanjo, B. Olutayo (2007) “Geiz-ist-geil” strategy: a three-company study. Management Decision, 45 (6). pp. 1023-1037. ISSN 0025-1747

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Abstract

Purpose – The purpose of this paper is to establish how sales are propelled when consumer spending level falls.

Design/methodology/approach – Case study together with deductive research approach was used.

Findings – While conventional marketing strategies did little to enhance sales, Geiz-ist-Geil was found to be very helpful in sustaining sales levels when consumer spending levels were plummeting.

Practical implications – Theoretical literature on marketing strategy is silent on the use of non-conventional marketing strategy. Geiz-ist-Geil strategy is found to be useful in propelling sales. There is an urgent need to put greater focus on non-convention marketing strategies. In addition, practitioners need to look beyond the confines of the 4Ps strategy. There is a need for managers to adopt non-conventional strategies.

Originality/value – Contrary to previous theoretical literature, where it is conspicuous by its absence, the use of non-conventional marketing strategy (i.e. Geiz-ist-Geil strategy) is emphasized in this study.

Item Type: Article
Keywords (uncontrolled): Companies, consumers, Germany, marketing strategy
Research Areas: A. > Business School > International Management and Innovation
A. > Business School > Marketing, Branding and Tourism
A. > Business School > Strategic Marketing, Consumer Behaviour and Branding/Identity group
Item ID: 13365
Useful Links:
Depositing User: Devika Mohan
Date Deposited: 29 May 2014 08:21
Last Modified: 07 Dec 2018 08:50
URI: http://eprints.mdx.ac.uk/id/eprint/13365

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